Comparing Riders on Term vs Permanent Policies

People often ask whether adding a chronic illness rider to a term policy solves the limitations of term insurance. In some cases, riders can add flexibility — but policy design and duration still matter. Term policies are designed to end after a set period of time. Even when a chronic or critical illness rider is available, coverage may expire before those benefits are ever needed. Some permanent policies, on the other hand, may allow access to a portion of the death benefit for qualifying conditions and are designed to last longer, depending on the structure of the policy. This video explores how riders work on term versus permanent policies, why timing matters, and why adding a rider doesn’t always address the underlying differences between the two approaches. As with any insurance decision, understanding how long coverage lasts and when benefits may be used is an important part of the conversation. This content is for educational purposes only and is not intended as individual insurance advice. Coverage options, riders, costs, and availability vary by carrier and individual circumstances. Important note: Accessing chronic illness rider benefits may reduce withdrawal accessibility. Availability and impact may vary by policy. Policy provisions apply. Book a call: book.biaggilife.com/talk-to-frank-page Or call Frank at (707) 584-3482